facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Single Family Residence

/

Sale

/

8 Montague Terrace, Brookly...

Virtu Financial Sells Brooklyn Heights SFR For $25.5M
SOLDSingle Family Residence

Virtu Financial Sells Brooklyn Heights SFR For $25.5M

8 Montague Terrace, Brooklyn Heights, Brooklyn, NY, USA

$25,500,000

$2,202/SF

Building Size

11,580 SF

Asset Type

Single Family Residence

Closing

Dec 23, 2020

AI

The property at 8 Montague Terrace in Brooklyn Heights has been sold. The seller, Vincent and Teresa Viola of Virtu Financial, sold the single-family residential property for a price of $25,500,000. The property has a total square footage of 11,580, resulting in a price per square foot of $2,202. The previous sale of the property took place in January 2007 for $8 million.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $25,500,000
  • Address: 8 Montague Terrace, Brooklyn Heights
  • Market: Brooklyn Heights
  • Zoning: R6

The seller, Vincent and Teresa Viola, represented by Virtu Financial, successfully closed the transaction for the property. Vincent Viola can be seen in the accompanying image shared on Instagram. This sale marks a significant increase in value compared to the previous sale in 2007.

Players

Teresa Viola

Virtu Financial

Seller

$100.6M

vol

4 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.62%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93